JOHANNESBURG | South Africans will now benefit from a more seamless, speedy and secure online shopping checkout with the launch of the MasterCard digital service MasterPass. Takealot.com, Flysaa.com (South African Airways) are among the first merchants to accept MasterPass as a payment method at checkout. Standard Bank is the first issuing bank to offer its customers the option to pay with MasterPass via its banking app.
MasterPass enables consumers to make convenient, simple, fast and secure digital payments. Digital wallets accessible through the MasterPass acceptance network allow consumers to store all their MasterCard or other branded credit, debit or cheque card information, and shipping and billing address details securely in one place. This gives them the ability to make secure online payments without the repeated hassle of entering these details each time. Launched in 2013, MasterPass is already available in 9 countries including the USA, UK, Canada, Australia, New Zealand, Italy, Singapore, China and Poland.
“The world we shop in is constantly evolving and the ways we pay should keep pace. With a single click, tap or touch of the MasterPass button at checkout, consumers can access their preferred digital wallet and authenticate a payment with a secure PIN,” says Mark Hearne, Head of Business Development, MasterCard, South Africa. “South Africans are the first in the Middle East and Africa region to be introduced to MasterPass".
Sourced from MasterCard via About-Payments, July 15th, 2014